Japan has published BoJ Funo Speech and the US will release Natural Gas Storage, CB Leading Index m/m, HPI m/m and Unemployment Claims.
The support rests at 110.400 with resistance at 110.940 which both lines are above the weekly pivot point at 110.290. The EMA of 10 is moving with bullish bias in the ascendant channel and it is above the EMA of 200 and the EMA of 100. The RSI is moving above the 50 level, the Stochastic is moving in high ranges and the MACD indicator is in positive territory. The ADX is showing buy signal.
Long positions are recommended towards 111.4.

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